While $ 650 million of that surplus is
coming from state settlements, $ 350 million is coming from enhanced tax revenues.
Not exact matches
In other words, it sometimes seems like the governor would prefer a negotiated
settlement on redistricting than an all - out war with the Legislature, which, particularly if the DOJ doesn't grant the
state a waiver and requires the 2012 primaries to be moved
from September into the summer (the Assembly Democrats are angling for June, the Senate Republicans for August), could
come smack in the middle of budget negotiations.
The
state's investment leveraged $ 12.8 million in tax credit equity along with $ 4.6 million in financing
from Citibank, with part of the financing
coming from settlement funds.
The
state comptroller says the $ 5 billion in extra money that New York is reaping
from the bank
settlements should not be viewed as a surplus, and should not be spent as though there will be more money
coming in the future.
The other change
came in Conservative policy as David Cameron and new Secretary of
State Cheryl Gillan moved on
from the «preferrendum» and announced their support for the current devolution
settlement.
Though more money, $ 3.3 billion,
came into the
state coffers in August compared to this time last year, the
state is relying on one - time revenues
from tax
settlements to shore up its budget.
The monday would
come from $ 5 billion the
state has received
from financial
settlements with banks and insurers.
Some of that money is to
come from the more than $ 5 billion the
state has received
from settlements with banks that violated financial regulations.
The funds
come from legal
settlements with banks and insurance companies for contributing to the housing crises and in some cases, breaking
state laws.
State Comptroller Tom DiNapoli says $ 5 billion in extra money that New York is reaping
from bank
settlements should not be viewed as a surplus, and should not be spent as though there will be more money
coming in the future.
Some of this money, $ 257 million, would
come from bank
settlements with the
state meant to address problems created after the nation's housing bubble burst.
The money is
coming from the
state's share of the $ 25 billion National Mortgage
Settlement in 2013.
Syracuse
state Sen. John DeFrancisco, chairman of the Senate Finance Committee says there will be many special interests trying to get at the
state's extra cash, which
came from the negotiated financial
settlements with banks.
Cuomo said during his re-election campaign that he wanted to channel $ 1.5 billion of the
state's current cash surplus — which has
come from bank
settlements — to replicate his «Buffalo Billion» model of investment across upstate New York.
The report
from state Comptroller Tom DiNapoli does highlight a vastly improved financial picture for the
state in recent years, though «the
state may face increasing budgetary challenges in
coming years as revenue growth is expected to slow and billions of dollars in
settlement money are spent.»
The money Schneiderman wants to hand out
comes from the National Mortgage
Settlement - a settlement between 49 state attorneys general, the federal government and the five largest banks that contributed to the collapse of the housi
Settlement - a
settlement between 49 state attorneys general, the federal government and the five largest banks that contributed to the collapse of the housi
settlement between 49
state attorneys general, the federal government and the five largest banks that contributed to the collapse of the housing market.
The payment
came from funds appropriated by the
state legislature in anticipation of a legal
settlement.
Furthermore, the
settlement stated that Spokeo willfully posted endorsements of their solutions on industry - specific websites and blogs to make it seem as though Spokeo's data was
coming directly
from users when in fact it was created by Spokeo employees.
Much of Colorado's $ 14.8 million in funding that year
came from annual
state tobacco
settlement funds allocated to home visiting and a federal Medicaid match.
The funds
came from the National Mortgage
Settlement and allowed the
state's 20 circuit courts to beef up their judicial benches with senior judges and invest in related technology.